Svenska Handelsbanken AB
Diversified Banks
SHB-A.ST
SEK 113 3.3
Share price
$ 21 bn
Market Cap
$ 114 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Svenska Handelsbanken AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5,688 t (-1,639 /-22.4% y-o-y). Also positively, carbon intensity plunged to 1,123 t (-480 /-30% y-o-y).
Svenska Handelsbanken AB's Scope 3 emissions grew to 1,487 t (
The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -299 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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